WEST VIRGINIA CODE
WVC 33 - 31 - 16 A
§33-31-16a. Same - Risk Retention Groups.
In addition to the applicable provisions of this article, any
captive insurance company organized as a risk retention group is
subject to the provisions of section nine, article two (examination
of insurers, agents, brokers and solicitors; access to books,
records, etc.); section fourteen, article four (financial statement
filings; annual and quarterly statements; required format; foreign
insurers; agents of the commissioner); section fifteen-a, article
four (credit for reinsurance; definitions; requirements; trust
accounts; reductions from liability; security; effective date);
article seven (assets and liabilities); article ten (rehabilitation
and liquidation); article twenty-seven (insurance holding company
systems); article thirty-three (annual audited financial report);
article thirty-four (administrative supervision); article
thirty-four-a (standards and commissioner's authority for companies
deemed to be in hazardous financial condition); article thirty-five
(criminal sanctions for failure to report impairment); article
thirty-six (Business Transacted with Producer Controlled
Property/Casualty Insurer Act); article thirty-seven (managing
general agents); article thirty-eight (Reinsurance Intermediary
Act); and article forty-one (Insurance Fraud Prevention Act) of
this chapter and any rules promulgated thereunder in accordance
with article three, chapter twenty-nine-a of this code.
Note: WV Code updated with legislation passed through the 2012 1st Special Session